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Microcap & Penny Stocks : PKGP (Packaging Plus) -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (1079)5/12/1998 12:49:00 PM
From: PitBull  Read Replies (1) | Respond to of 4783
 
a warrant for additional shares...can someone elaborate who is knowlegable ...does this mean if you own x shares that you are entitled to purchase x more shares and a price close to what you bought it at? or better? Also, how do you actually USE the warrant? is this reflected on your online broker account at the time, or do you have to utilize it some other way? does a warrant just mean the company just prints up MORE shares, or is it from the existing float? can Ga Bard educate us here?



To: Richard Mazzarella who wrote (1079)5/12/1998 12:51:00 PM
From: Currency  Read Replies (1) | Respond to of 4783
 
Well, everyone, we are STILL sitting sweet!!! YES YES YES!!!

Here's what I have found out so far.

RA claims 30 million shares shorted.

Now, I remind you what I've been posting all along.

1) Financing Deal
2) Acquisition of a company that will become there core business operation.
3) Possibly 2nd acquisition of a NYSE being delisted.

In addition, in regards to #2 and the mention in this news release about international packaging and shipping. What this may do is propel PKGP to become one of the largest if not the world's largest international courier service. Think about that!

Yes, we are just at the beginning.